When crude blew through $100 this spring on the Hormuz disruption, two ETFs caught the bid hardest: SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) and VanEck Oil Services ETF (NYSEARCA:OIH).
The State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) was launched on 06/19/2006, and is a smart beta exchange traded fund designed to offer broad exposure to the Energy ETFs category of the market.
The SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP) and the VanEck Oil Services ETF (NYSEARCA:OIH) both promise energy exposure, but they bet on different links in the same chain.
Designed to provide broad exposure to the Energy - Exploration segment of the equity market, the State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is a passively managed exchange traded fund launched on June 19, 2006.
A smart beta exchange traded fund, the State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) debuted on 06/19/2006, and offers broad exposure to the Energy ETFs category of the market.
State Street SPDR S&P Oil & Gas Expl & Prod is rated a buy, offering diversified exposure to US shale producers poised for re-rating. Geopolitical risks, particularly the Iran war, are keeping over 10% of global crude locked, elevating non-conflict zone oil valuations and cash flow prospects. XOP's weighted potential upside is 20%, with consensus forecasting over 40% EBITDA growth for most holdings in 2026, driven by higher oil prices and M&A.
WTI crude oil surged above $114 per barrel in early April after the U.S. imposed a naval blockade on Iran following the collapse of peace talks in Islamabad.
Looking for broad exposure to the Energy - Exploration segment of the equity market? You should consider the State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP), a passively managed exchange traded fund launched on June 19, 2006.
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XOP hits a 52-week high, up 67% from its low, as rising oil prices and Middle East tensions fuel momentum in the energy-focused ETF.
The State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) made its debut on 06/19/2006, and is a smart beta exchange traded fund that provides broad exposure to the Energy ETFs category of the market.
Oil exploration stocks have quietly staged a powerful recovery in 2026, even as crude prices remain far below levels that historically made this sector comfortable.